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'content' => '<p>Since the program’s inception in 1982, <strong>Leadership Iowa </strong>has trained more than 1,000 business leaders and executives from across the state on how to bring about positive change in their respective workplaces and communities, thereby creating a better future for Iowa. <br /><br />If that sounds like a program you’d like to participate in, you’re in luck as the <strong>Iowa Association of Business and Industry (IABI)</strong>, the organization behind Leadership Iowa, announced that nominations for its 2024-2025 program are now open and will remain so until April 1, 2024.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-4-GP-Iowa.jpg" alt="" /></p>
<p><br /><span style="font-family: helvetica; font-size: 18pt;"><strong>What is Leadership Iowa?</strong></span></p>
<p>Leadership Iowa is an eight-month leadership, community development, and issues-awareness program that provides participants with a wide range of eye-opening experiences and insights that highlight the opportunities and challenges facing Iowa. Each year, only 40 individuals are selected out of the hundreds of applications.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>What can participants expect from Leadership Iowa? </strong></span></p>
<p>According to IABI’s official website, throughout the program (October through June), participants convene in an Iowa community each month for a two-day session. Each session focuses on a specific topic or issue important to Iowa, allowing participants to step outside of their areas of expertise and gain a refreshed, insider’s perspective on the condition, needs and future of our state.</p>
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<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Who can participate? </strong></span></p>
<p>Individuals must first be nominated to apply for the Leadership Iowa program. But the good news is anyone is welcome to nominate an individual for the program by completing the nomination form online. Self-nominations are also encouraged.</p>
<p>For more information on the selection and application process, visit <strong><em><a href="http://www.iowaabi.org/leadership-iowa/contact-leadership-iowa/" target="_blank" rel="noopener">www.iowaabi.org/leadership-iowa/contact-leadership-iowa/</a>.</em></strong></p>',
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<p>According to the company's website, Bangla Poshak prides itself on its modern facilities and international certifications, including BSCI, SEDEX, ACCORD, ORGANIC, and OEKO-TEX. These certifications underscore the company's adherence to ethical and sustainable manufacturing practices, ensuring compliance with global standards.</p>
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<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-4-BANGLA-Poshak.jpg" alt="" /></p>
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<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Transparency at all times</strong></span></p>
<p>One of the key factors that contributed to Bangla Poshak's success was its focus on employing experienced and highly technical management teams. Sohel emphasizes the importance of executing production exactly as per customer requirements, believing in the significance of fostering long-term relationships.</p>
<p>“I show the desire to achieve quality and to be transparent,” he said.</p>
<p>This commitment to transparency and quality is instrumental in maintaining strong partnerships with clients, including Japanese partners.</p>
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<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Understanding client needs</strong></span></p>
<p>Sohel further stresses the company's dedication to quality control: “After several inspections, I understood their standards. In fact, we started with 10% excess fabrics and we're now down to just 3%.”</p>
<p>This attention to detail and continuous improvement in quality control have enabled Bangla Poshak to exceed customer expectations consistently.</p>
<p>With its focus on quality, transparency, and customer satisfaction, Bangla Poshak has solidified its position as a leading player in the knitwear manufacturing and exporting industry. Under the leadership of Sohel, the company remains committed to delivering exceptional products while nurturing enduring partnerships with clients worldwide.</p>
<p>“It’s about having the right kind of attitude. We simply need to be given the chance to show the world what we can do. Come see us, know us, and start your business with us. Teach us because we can overcome difficulties. We are able to achieve what you need,” Sohel said.</p>
<p><a href="https://www.banglaposhak.com/"><em><strong>https://www.banglaposhak.com</strong></em></a></p>',
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'description' => 'The White House announced that U.S. President Joe Biden will host Japanese Prime Minister Kishida Fumio for an official visit to the United States on April 10.',
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'content' => '<p>The White House announced that <strong>U.S. President Joe Biden</strong> will host <strong>Japanese Prime Minister Kishida Fumio</strong> for an official visit to the United States on April 10.</p>
<p>In a statement from Press Secretary Karine Jean-Pierre released on January 25, Kishida’s visit will include a state dinner, which "will underscore the enduring strength” of the bilateral alliance.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK2-Biden-Kishida.jpg" alt="" /></p>
<p>The last time a sitting Japanese prime minister visited the U.S. was in 2015, when then President Barack Obama hosted a summit for former Japanese Prime Minister Abe Shinzo.</p>
<p>Jean-Pierre also said Biden and Kishida will discuss efforts to strengthen political, security, economic, and people-to-people ties between their two countries.</p>
<p>Meanwhile, White House National Security Council spokesperson John Kirby told local media that as Japan is one of the closest allies of the U.S. in the world, the alliance between the two countries was "very critical" in the Indo-Pacific region.</p>
<p>Kirby also expressed his confidence that the two leaders will likely have "a robust discussion" on how their respective countries will improve their mutual capabilities across the board and how the U.S. and Japan will work together across multiple sectors and tackle challenges to bring more stability and value into the Indo Pacific region.</p>',
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'id' => '545625',
'title' => 'HADCO goes to Japan for Automotive World 2024',
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'description' => 'Huntington Area Development Council (HADCO) President and CEO David Lieving, together with the West Virginia Department of Economic Development, visited the 2024 Automotive World exhibition in Tokyo, Japan. ',
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'url' => 'hadco-goes-to-japan-for-automotive-world-2024',
'tags' => 'US, Japan, West Virginia, Automotive, Investment, Economic Development',
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'content' => '<p><strong>Huntington Area Development Council (HADCO) President and CEO David Lieving</strong>, together with <strong>the West Virginia Department of Economic Development</strong>, visited the 2024 Automotive World exhibition in Tokyo, Japan.</p>
<p>According to its official website, Automotive World it is the world's leading exhibition for advanced automotive technologies. Held from January 22-24, the exhibition saw over 1,600 exhibitors and 77,744 visitors from all over the world, including the top automotive manufacturers, designers, investors, and suppliers.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK2-HADCO.jpg" alt="" /></p>
<p>Despite the overflowing business development opportunities that come with the event, news organization the Herald-Dispatch reported that only one U.S. state was represented during the exhibition — West Virginia. <br /><br />“HADCO, in partnership with the West Virginia Department of Economic Development and the Polymer Alliance Zone, is out telling Huntington’s story about our available labor force and all the assets we have to support foreign direct investment,” said Lieving, who also highlighted the importance of attending the event and building relationships if West Virginia is attracting Japanese investment.</p>
<p>“Economic development is facing challenging times worldwide with COVID-19. I expect us to emerge from the pandemic with new opportunities. I believe we will see renewed interest in locating manufacturing, distribution, and warehousing in more strategic locations in our market area,” Lieving said in a LinkedIn post.</p>
<p>West Virginia has focused on attracting more Japanese investment for over 30 years. According to the Development Office website, Japanese investments in the state have amounted to $2.7 billion, with 21 Japanese companies employing more than 4,000 people.</p>
<p>Some Japanese businesses in the state include Toyota Motor Manufacturing in Buffalo, K.S. of West Virginia in Ravenswood; and Kuraray at the Washington Works site in Wood County.</p>
<p>For more information, visit <strong><em><a href="https://www.automotiveworld.jp/tokyo/en-gb/sokuho.html" target="_blank" rel="noopener">https://www.automotiveworld.jp/tokyo/en-gb/sokuho.html</a></em></strong></p>',
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'id' => '545626',
'title' => 'Meet the 2024 JALD delegates ',
'description_old' => null,
'description' => 'Ten Japanese American leaders from across the U.S. are preparing to travel to Japan for the 2024 Japanese American Leadership Delegation (JALD) organized by the U.S.-Japan Council. ',
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'content' => '<p>Ten Japanese American leaders from across the U.S. are preparing to travel to Japan for the <strong>2024 Japanese American Leadership Delegation (JALD)</strong> organized by the <strong>U.S.-Japan Council</strong>.</p>
<p>Under the JALD program, the chosen Japanese American leaders will travel to Osaka and Tokyo from March 1 to 9, 2024 where they will meet with top business and government officials and participate in a symposium in Osaka co-sponsored by the<strong> Japan Foundation Center for Global Partnership</strong>.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK2-Trade-Delegation.jpg" alt="" /></p>
<p>In its 21st year, the trip provides an opportunity for Japanese American leaders to deepen their understanding of Japan and promotes the value of sustained people-to-people relationships as a critical factor in assuring the long-term success of U.S. and Japan relations.</p>
<p>The trip also allows Japanese leaders to gain a greater understanding of multicultural America through the experiences of a diverse group of Japanese Americans.</p>
<p><strong>Who are the 2024 JALD participants? </strong></p>
<p>Comprised of 10 leaders in business, academia, government, non-profit and legal sectors from across the United States, these 2024 delegates are leaders in their respective communities, engaged in U.S.-Japan relations.</p>
<p><strong>1. Naomi Ostwald Kawamura</strong> (Seattle, Washington) – Executive Director of Densho</p>
<p><strong>2. Yoh Kawanami</strong> (Honolulu, Hawaii) – Director, Hawaiian Electric Company</p>
<p><strong>3. Derek Kenmotsu</strong> (San Mateo, California) – Head of Partnerships, AI/ML and Indo-Pacific, Defense Innovation Unit</p>
<p><strong>4. Darin Mano (</strong>Salt Lake City, Utah) – City Council Member, Salt Lake City Council</p>
<p><strong>5. Susan Miyagi McCormac</strong> (New York, New York) – Founder & Editor-In-Chief, JapanCulture-NYC</p>
<p><strong>6. Tomoko Hosaka Mullaney</strong> (Washington, DC) – Executive Director, U.S.-Japan Business Council, U.S. Chamber of Commerce</p>
<p><strong>7. Anna Ninoyu</strong> (Chicago, Illinois) – Owner & Principal Architect, METIS Design</p>
<p><strong>8. Rob Ohno</strong> (Ponte Vedra Beach, Florida) – President and CEO, ANNIKA Foundation</p>
<p><strong>9. George Tanaka</strong> (Los Angeles, California) – Managing Director, U.S. Bank</p>
<p><strong>10. David Yoshimura</strong> (Des Moines, Iowa) – Partner, Faegre Drinker Biddle & Reath LLP</p>
<p>After their trip, the JALD delegates will collaborate with their local consulates, the U.S.-Japan Council, as well as local and national community organizations to continue strengthening ties between the U.S. and Japan.</p>
<p>For more information on the delegates, their biographies, and the JALD program, visit <strong><em><a href="https://www.usjapancouncil.org/japanese-american-leadership-delegation/" target="_blank" rel="noopener">https://www.usjapancouncil.org/japanese-american-leadership-delegation/</a>.</em></strong></p>',
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'id' => '545619',
'title' => 'How a Bangladeshi startup is advancing facial recognition ',
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'description' => 'Sigmind.ai, which claims to be the first AI startup in Bangladesh, is leading the transformation of conventional surveillance systems into cutting-edge security solutions. Through its Central Intelligent Video Management Systems (CiVMS), the startup can turn CCTV cameras into AI-powered intelligent cameras that can identify, save, and reveal the full faces of people even if they are wearing face masks. ',
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'url' => 'how-a-bangladeshi-startup-is-advancing-facial-recognition',
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'content' => '<p><strong>Sigmind.ai</strong>, which claims to be the first AI startup in Bangladesh, is leading the transformation of conventional surveillance systems into cutting-edge security solutions. Through its <strong>Central Intelligent Video Management Systems (CiVMS)</strong>, the startup can turn CCTV cameras into AI-powered intelligent cameras that can identify, save, and reveal the full faces of people even if they are wearing face masks.</p>
<p> </p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-3-BANGLA-Sigmind.jpg" alt="" /></p>
<p> </p>
<p>In a conversation with the Dhaka Tribune, <strong>Managing Director Tanvir Tabassum</strong> shared, “Our system can recognize a mask-wearing face with 87.3% accuracy, while in the case of a person not wearing masks, we can detect and recognize people with 99.4% accuracy. Also, we can determine the sex and dress color of a person from black and white CCTV video footage.”</p>
<p>According to Tabassum, this level of precision aims to enhance security measures and minimize biases often associated with traditional surveillance methods.</p>
<p>By harnessing the power of deep learning, Sigmind.ai has effectively democratized access to advanced security solutions. Its ability to retrofit any standard camera with artificial intelligence capabilities signifies a paradigm shift in the surveillance industry. Now, organizations can leverage state-of-the-art security measures without costly infrastructure overhauls.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Adding new applications</strong></span></p>
<p>The applications of Sigmind.ai's technology are manifold, and transcend traditional notions of surveillance. Beyond security, its systems are useful in various domains, like retail analytics, vehicle recognition, crowd management and estimation, and public safety initiatives.</p>
<p>With its method of accuracy and adaptability, Sigmind.ai is set to revolutionize how societies approach security and surveillance.</p>
<p>Furthermore, Sigmind.ai's commitment to innovation extends beyond technological advancements. It prioritizes ethical considerations and ensures that its systems adhere to strict privacy standards and mitigate potential biases. This dedication to responsible AI deployment underscores its commitment to not only revolutionizing security but also fostering trust and transparency in the digital age.</p>
<p>Moreover,<strong> Chief Sales and Marketing Officer Arif Hossain</strong> told New Age Bangladesh that the company’s watch cam will play a vital role in ensuring security in both government and private sectors. The news site also reported that agencies such as the Bangladesh Hi-Tech Park Authority are already using the software.</p>',
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'id' => '545620',
'title' => 'Is AI more trouble than it's worth?',
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'description' => 'There is an ongoing debate as to the usefulness of Artificial Intelligence (AI) in the workplace. AI is expected to deliver more productivity in industries. But is it really that helpful? Do the costs of re-training people and re-integrating new tools in existing systems bring more inconvenience? ',
'credit_id' => '48',
'image' => null,
'image_caption' => null,
'url' => 'is-ai-more-trouble-than-its-worth',
'tags' => 'AI, Work',
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'content' => '<p>There is an ongoing debate as to the usefulness of Artificial Intelligence (AI) in the workplace. AI is expected to deliver more productivity in industries. But is it really that helpful? Do the costs of re-training people and re-integrating new tools in existing systems bring more inconvenience?</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-3-GP-AI.jpg" alt="" /></p>
<p>The benefits of AI can’t be denied, so much so that 77% of businesses are already using or exploring how AI can be used to streamline and improve their work systems, according to the latest Forbes Advisor survey.</p>
<p>Innovative tech saves on costs and increases productivity. This remains true for AI-assisted processes and outcomes. Automation allows repetitive tasks to be completed faster and more accurately. Work that requires small and big data to be analyzed can also benefit from AI.</p>
<p>Machine learning allows software to detect patterns and forecast results based on given variables. Today, front liners, managers, and executives have quicker access to customized analysis instead of having to manually filter the information themselves.</p>
<p>Despite these advantages, some workers feel like AI-generated solutions are unhelpful. In an article by Catherine Thorbecke published in CNN Business, she highlighted conflicting views on the contribution of AI in the workplace, citing claims that workload has doubled because of “consistently bad” AI submissions.</p>
<p>Clearly, there have been adjustments in how people work because of AI. Based on the appetite of the workforce to take on new tools and technology, the periods of transition in the workplace will vary. Ultimately, the main factor in the usefulness of AI is how precise and correct data input is. After all, not all machines are created equal.</p>',
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'id' => '545621',
'title' => 'Can AI replace you? An Illinois professor created his digital avatar for his online classes ',
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'description' => 'What if you could create a realistic-looking digital version of yourself that can clearly explain complex systems and confidently deliver lectures or keynote speeches? Prof. Robert Brunner, an expert in emerging technologies at the Gies College of Business at the University of Illinois, employed artificial intelligence (AI) tools to achieve just that. ',
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'content' => '<p>What if you could create a realistic-looking digital version of yourself that can clearly explain complex systems and confidently deliver lectures or keynote speeches?</p>
<p><strong>Prof. Robert Brunner</strong>, an expert in emerging technologies at the <strong>Gies College of Business at the University of Illinois, </strong>employed artificial intelligence (AI) tools to achieve just that. In fact, Brunner’s AI clone is ready to deliver another lecture in March 2024 in front of MBA students.</p>
<p> </p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-3-GL-Illinois.jpg" alt="" /></p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>A digital avatar is simply a culmination of AI tools</strong></span></p>
<p>Brunner was able to create a virtual version of himself that looks and sounds just like him. He used ChatGPT to generate scripts for his lectures, Sythesia to make videos without any special tools, ElevenLabs to produce a voice that sounded like his, and Midjourney to generate images that supplemented his lessons.</p>
<p>According to Brunner, this helps him teach online without spending too much time recording videos. The result? Astonishing authenticity. Even teachers and students who have known Brunner for years struggled to discern between him and his digital doppelganger.</p>
<p>“Most people who watch videos of his virtual avatar think the avatar is really him,” said <strong>Tawnya Means</strong>, assistant dean for educational innovation and chief learning officer at Gies, in an interview with the school’s news site, Poets and Quants.</p>
<p>Mastering generative AI prompts is the key to a successful digital avatar. Brunner found that once he became good at giving precise prompts to these tools, he was then able to generate a flawless five-minute lecture presented by his digital avatar in just five to 10 minutes. Also, his AI version boasts multilingual capabilities, even though Brunner knows only English.</p>
<p>“It took only a couple of minutes for it to have me speaking Spanish. My virtual clone can also deliver lectures in French and Mandarin,” he told Poets and Quants.</p>
<p> </p>
<p><span style="font-size: 18pt;"><strong><span style="font-family: helvetica;">The entire process takes only minutes</span> </strong></span></p>
<p>Brunner initially planned to record his video in person but soon realized the challenge of figuring out what to say. He then turned to ChatGPT for help in creating scripts, gradually refining the prompts until the AI tool was able to write scripts in his tone of voice,</p>
<p>“The draft script was created by ChatGPT. I thought what if I build a relationship with ChatGPT so it knows me and the course? It took a while but eventually, it started stitching transcripts together. It was getting better and better,” said Brunner.</p>
<p>When he realized that recording and editing all the videos by himself could take a lot of time, Brunner experimented with AI tools that could clone his voice and put the generated voice in Synthesia. The entire process, from script to video, took just 10 minutes.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>The ethics of using AI</strong></span></p>
<p>Although his digital avatar was nearly indistinguishable from him, Burner ensures transparency and never intends it to deceive his students. Burner’s course explicitly states that at times, it will be the digital avatar presenting in front of the students.</p>
<p>“I am the culmination of artificial intelligence, a fusion of innovation and disruption in themselves. The words you hear, the script that flows, and even this very image are the handiwork of various AI tools,” the digital avatar says at the start of its lectures.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>AI will not replace you. But someone who uses it better than you might</strong></span></p>
<p>Brunner’s message to those who are scared of AI is clear. “It’s here and it's only going to get better. You might not be replaced by AI but the time will come when you will be replaced by someone who knows how to use AI better than you. If you start falling behind, you will fall further and further behind,” he said.</p>',
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'id' => '545616',
'title' => 'AWS to invest $15 billion to expand cloud in Japan',
'description_old' => null,
'description' => 'Amazon Web Services (AWS) plans to invest $15 billion in its existing cloud infrastructure in Japan by 2027 to meet growing customer demand. The world's largest cloud service provider, which entered the Japanese market in 2009, currently has cloud infrastructure in Tokyo and Osaka. ',
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'url' => 'aws-to-invest-15-billion-to-expand-cloud-in-japan',
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'content' => '<p><strong>Amazon Web Services (AWS)</strong> plans to invest $15 billion in its existing cloud infrastructure in Japan by 2027 to meet growing customer demand. The world’s largest cloud service provider, which entered the Japanese market in 2009, currently has cloud infrastructure in Tokyo and Osaka.</p>
<p>Between 2011 and 2022, AWS invested $10.2 billion in building, connecting, operating and maintaining its data centers in Japan. This latest investment brings AWS's total cloud investment planned in the country to about $25 billion by 2027.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK1-AWS.jpg" alt="" /></p>
<p>As of January 2024, there are about 150 AWS Academy member institutions in Japan and around 150,000 Japanese sellers on Amazon. In fiscal year 2023, the sales revenue of online retailer Amazon Japan amounted to around 3.2 trillion Japanese yen or $21.6 billion.</p>
<p>"Our investments in cloud infrastructure are creating a domino effect across industries in Japan, including the public and government sectors," said <strong>AWS </strong><strong>Japan President Tadao Nagasaki</strong>. “This will enable more Japanese organizations to access and deploy emerging and innovative digital technologies, such as artificial intelligence and machine learning,” he added.</p>
<p>In October 2023, AWS launched its flagship generative AI service, <strong>Amazon Bedrock,</strong> in the Greater Tokyo Area. The company cites leading Japanese conglomerates like the Asahi Group, FP Corporation, KDDI, and Ricoh as some of the early adopters of AWS’ generative AI technology.</p>
<p>In a separate press release that welcomed AWS’ added investment into Japan, then Digital Minister and current Director of the Digital Society Promotion Council <strong>Takuya Hirai</strong> said, “Developing Japan's digital infrastructure is the key to strengthening Japan's industrial competitiveness, and data centers play an important role in this.”</p>
<p>The former minister also emphasized the role of emerging technologies in boosting Japan’s research and development capabilities.</p>',
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'id' => '545617',
'title' => 'Why are Japanese investors choosing Ohio?',
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'description' => 'Japan is Ohio's largest foreign investor in terms of jobs created. According to a 2023 report by JobsOhio, the state's private economic development corporation, around 73,000 Ohio residents are employed by 860 Japanese companies. ',
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'content' => '<p>Japan is Ohio’s largest foreign investor in terms of jobs created. According to a 2023 report by <strong>JobsOhio</strong>, the state’s private economic development corporation, around 73,000 Ohio residents are employed by 860 Japanese companies.</p>
<p>The same report shows that since 2013, Ohio has won more than 100 successful projects from Japanese-owned companies. But what makes <em>the Buckeye State </em>such a popular choice among Japanese investors? JobsOhio lists three reasons.</p>
<p> </p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GP-WK1-Ohio.jpg" alt="" /></p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Thriving economy and business climate</strong></span></p>
<p> </p>
<p>With a Gross State Product (GSP) of $676 billion and budget reserves of over $2.7 billion, Ohio offers Japanese investors long-term economic stability to help grow their businesses. The state’s reputation as a major domestic and international business hub is attributed to Ohio’s dynamic economy,</p>
<p>Aside from the over 800 Japanese companies headquartered in Ohio, the state is also home to 24 Fortune 500 headquarters and 54 Fortune 1000 headquarters.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Favorable tax regime</strong></span><br /><br />Ohio offers competitive tax incentives and deductions. These incentives make the state a magnet for both local entrepreneurs and foreign investors. Aside from having the lowest tax rate on new manufacturing in the region, Ohio offers the following pro-business state tax incentives:</p>
<ul style="list-style-type: disc;">
<li>No tangible personal property tax</li>
<li>No corporate profits or income tax</li>
<li>No inventory tax</li>
<li>No tax on products sold outside of Ohio</li>
<li>No tax on machinery and equipment investments</li>
<li>No tax on R&D investments</li>
</ul>
<p>These incentives not only provide immediate financial benefits through deductions but also contribute to long-term wealth-building and investment portfolio diversification.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Abundant & skilled workforce</strong></span></p>
<p> </p>
<p>The state has a labor force of over 5.5 million, one of the largest in the country. Ohio also sees more than 171,700 students graduate from its more than 200 higher education institutions annually. These local educational institutions and universities contribute to the state’s thriving mix of scientific, technological, and entrepreneurial innovation.</p>
<p>Through the years, Japanese businesses have consistently thrived in Ohio due to the state’s strong business climate, diverse set of industries, attractive tax incentives, and skilled and massive workforce.</p>
<p>To learn more about international investment opportunities in the state of Ohio, visit <strong><em><a href="https://www.jobsohio.com" target="_blank" rel="noopener">https://www.jobsohio.com</a></em></strong></p>',
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'title' => 'Tokyo Gas Natural Resources to buy Texas-based natural gas producer Rockcliff Energy',
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'description' => 'Tokyo Gas Natural Resources (TGNR) announced plans last December to buy Texas-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 billion as part of its efforts to expand its overseas business.',
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'content' => '<p><strong>Tokyo Gas Natural Resources (TGNR)</strong> announced plans last December to buy Texas-based natural gas producer <strong>Rockcliff Energy</strong> from private equity firm <strong>Quantum Energy Partners</strong> for $2.7 billion as part of its efforts to expand its overseas business.</p>
<p>The deal is part of the Japanese company's efforts to expand its North American shale gas operations to meet the growing demand for natural gas as an energy-transition fuel. According to Industry Research Co., the global shale gas market size was valued at $ 46.4 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.71% to $72.5 billion by 2028.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-BANG-WK1-Tokyo-Gas.jpg" alt="" /></p>
<p>Under the deal, TGNR will buy all shares in Rockcliff Energy from Quantum Energy Partners. With the acquisition, TGNR's natural gas production will quadruple to 1.3 billion cubic feet per day, making it one of the largest shale gas producers in Texas and Louisiana, according to Tokyo Gas.</p>
<p>"We expect our gas production will be more efficient after the acquisition as Rockcliff Energy's output area is located adjacent to TGNR's blocks," said <strong>Takashi Nakao, Tokyo Gas Senior General Manager of Global Business Development</strong>.</p>
<p>The production is also close to new liquefied natural gas (LNG) export terminals and other facilities expected to increase demand for natural gas in the future, Nakao added.</p>
<p>Asked if the supply will be exported to Japan as LNG, Nakao said the current plan is to sell all the gas in the U.S. domestic market, though he did not rule out possibly sending it as LNG to Japan in the future.</p>',
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'title' => 'Entrepreneurs of Bangladesh: 3 business leaders you should know',
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'description' => 'Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significant contributions to the global business landscape. Below are just three of the several remarkable individuals who have not only shaped their industries but have also become symbols of entrepreneurial success.',
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'url' => 'entrepreneurs-of-bangladesh-3-business-leaders-you-should-know',
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'content' => '<p>Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significant contributions to the global business landscape. Below are just three of the several remarkable individuals who have not only shaped their industries but have also become symbols of entrepreneurial success.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">Muhammad Yunus, Founder of Grameen Bank</span><br /></strong></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Yunus.jpg" alt="" />
<figcaption class="image-caption">Photo source: Grameen Foundation</figcaption>
</figure>
<p>No discussion about successful entrepreneurs from Bangladesh is complete without mentioning <strong>Professor Muhammad Yunus</strong>, the Nobel Peace Prize laureate and the founder of <strong>Grameen Bank</strong>. Born in 1940 in the coastal city of Chittagong, Yunus has dedicated his life to alleviating poverty through innovative financial solutions.</p>
<p>Yunus pioneered the concept of microcredit, providing small loans to the impoverished, particularly women, to start their own businesses. His vision was to empower individuals with the means to escape the cycle of poverty. Grameen Bank, founded in 1983, has since disbursed billions of dollars in microloans and has become a global model for microfinance institutions.</p>
<p>Professor Yunus' impact extends beyond Bangladesh. His commitment to social entrepreneurship and poverty reduction has garnered international recognition. He received the Nobel Peace Prize in 2006, and his work continues to influence discussions on sustainable development and inclusive finance.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">Salman F Rahman, Vice Chairman and Co-founder of Beximco Group</span></strong></p>
<figure class="image-container"></figure>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Salman-F-Rahman.jpg" alt="" />
<figcaption class="image-caption"><em>Photo source: https://www.salmanfrahman.com/en/</em></figcaption>
</figure>
<p><strong>Salman F Rahman</strong>, a prominent industrialist and politician, has played a pivotal role in shaping Bangladesh's economic landscape. Born in 1951, Rahman has been instrumental in the growth of the <strong>Beximco Group</strong>, one of the largest conglomerates in the country with interests ranging from textiles to pharmaceuticals.</p>
<p>Rahman's business acumen has not only propelled Beximco Group to new heights but has also contributed significantly to the nation's economy. Under his leadership, the group has expanded its footprint globally, exporting products to over 150 countries. Moreover, his efforts in the pharmaceutical sector have positioned Beximco Pharmaceuticals as a major player in the international pharmaceutical arena.</p>
<p>In addition to his entrepreneurial endeavors, Rahman has been active in politics, serving as an advisor to the Prime Minister of Bangladesh. His contributions to both business and public service show the potential for entrepreneurs to impact various facets of society.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Raisul Kabir, Co-founder and CEO of Brain Station 23</strong></span></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Raisul-Kabir.jpg" alt="" />
<figcaption class="image-caption"><em>Photo source: Brain Station 23</em></figcaption>
</figure>
<p>In the dynamic world of technology, <strong>Raisul Kabir</strong> stands out as a pioneering entrepreneur who has played a key role in advancing Bangladesh's tech industry. As the co-founder and CEO of <strong>Brain Station 23</strong>, a leading software development company, Kabir has been at the forefront of technological innovation in the country.</p>
<p>Established in 2006, Brain Station 23 has earned a reputation for delivering high-quality software solutions to clients worldwide. Kabir's leadership has been instrumental in the company's success, navigating the challenges of the tech industry and positioning it as a competitive player on the global stage.</p>
<p>Under Kabir's guidance, Brain Station 23 has diversified its portfolio to include cutting-edge technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT).</p>
<p>These three entrepreneurs — Yunus, Rahman, Kabir — represent the diversity and dynamism of Bangladesh's business landscape. From pioneering social change to leading industrial growth and driving technological innovation, they have become examples of the transformative power of entrepreneurship in shaping the future.</p>',
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'title' => 'Renowned U.S. chip designer wants to end Nvidia's global dominance',
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'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant’s global market dominance.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Tenstorrent.jpg" alt="" />
<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
</figure>
<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
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<p>By doing away with HBM, Tenstorrent will design a chip that can replace both GPUs and HBMs in some areas of AI development, adding that its new product will be "as cost-effective as possible".</p>',
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'title' => 'ITOCHU to take part in Taiwan's smart city project ',
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'description' => 'Tokyo-based trading giant ITOCHU secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.',
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'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
</figure>
<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country’s artificial intelligence (AI) industry. In line with this goal, ITOCHU will collaborate with various Taiwanese partners, including IT company Accton Technology and National Cheng Kung University.</p>
<p>Home to the world's largest semiconductor maker, Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan has a global market share of 61.7%. CNN estimates that TSMC produces 90% of the world's super-advanced semiconductor chips, which are used to power everything from smartphones to artificial intelligence applications.</p>',
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'content' => '<p>Belgium-based supplier of semiconductor solutions <strong>Melexis</strong> has opened its largest wafer testing site worldwide in Kuching in the Malaysian state of Sarawak to strengthen its presence in Asia-Pacific and meet the rising demand for semiconductors around the world, according to a company announcement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-Melexis.jpg" alt="" />
<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
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<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, “With an investment of 70 million euros, this opening underscores the ambition of Melexis and will ensure future growth. With Melexis, we are at the forefront of innovation, and this opening will support us in the markets that we serve.”</p>
<p>The new four-storey building, a collaboration of award-winning Belgian architect Sebastian Mortelmans and local architectural firm DNA, covers a ground surface of 4,500 sq. m., making it the company’s largest wafer testing site worldwide. The modern design evokes local longhouse architecture, incorporates advanced energy-saving systems, like a solar installation that can generate 30.000 kWh per month, and minimizes its environmental impact.</p>
<p>“Melexis has made the right choice to invest in Sarawak. With political stability, Sarawak is business-friendly and welcomes investments that can create mutual benefits. The Sarawak government has always been very supportive of investors both foreign and domestic. It is among the most preferred destinations for investment in Malaysia,” <strong>Sarawak’s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>“Sarawak possesses many comparative advantages for businesses to grow and prosper such as strategic location, availability of green energy, talented workforce, and suitable land for industrial activities,” the statement also said.</p>',
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'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
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<p>Founded in 2018, ZeroAvia describes itself as “a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.” The company claims its hydrogen-electric propulsion systems are “the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.”</p>
<p>According to ZeroAvia, its hydrogen-electric engines cut more than 90% of harmful emissions, lower operating costs by more than 40%, improve air quality and reduce noise pollution in airport communities.</p>
<p>Under the deal, ITOCHU will serve as ZeroAvia's distributor in Asia, marking its first investment in a developer of hydrogen engines for aircraft and a further expansion into the aviation industry. ITOCHU is part of Japan Aerospace, which is involved in aircraft sales, and of JAMCO, which manufactures materials for aircraft interiors.</p>
<p>According to ITOCHU, this recent investment is part of the company’s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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'title' => 'Virginia is named the best U.S. state for business',
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'description' => 'For the third time in the last five years, Virginia was ranked America's Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.',
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'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America’s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
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<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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<p>“Congratulations to Virginia on being named America’s Top State for Business in 2024 by CNBC, a record six times achieving that designation. I know that Virginia succeeds because of our shared belief that collaboration and innovation yield great results for our businesses and their employees,” said <strong>Fairfax County Economic Development Authority President and CEO Victor Hoskins</strong>.</p>
<p>Virginia ranks in the top half or better in each of the study’s 10 categories this year, “a rare feat,” noted CNBC. The state landed in the top 10 in four additional categories: infrastructure (3rd), business friendliness (5th), access to capital (8th) and workforce (9th).</p>
<p>For the first time, CNBC counted infrastructure (including the availability of shovel-ready sites) as the most important component for businesses when deciding on investment and cited the Virginia Business Ready Sites Program, as well as its world-class port, rail, roadway, and air transportation ecosystem as major contributors to the recognition.</p>
<p>CNBC’s annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness. North Carolina ranked second on the list, followed by Texas, Georgia and Florida.</p>
<p>Regarding Virginia’s economic relations with Japan, over $32.5 billion in capital investment has been made by Japanese companies in the last 5 years, according to the Virginia Economic Development Partnership, which also reports that Japanese companies employ more than 15,2000 people in the state.</p>',
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'description' => 'The U.S. subsidiary of Japanese group FANUC, one of the world's largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.',
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'content' => '<p>The U.S. subsidiary of Japanese group <strong>FANUC</strong>, one of the world’s largest makers of industrial robots, has opened a $110 million facility in Michigan to store, sell and maintain made-in-Japan industrial robots for North American customers, according to a statement from FANUC America.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
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<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America’s West Campus in Auburn Hills, Michigan. The expansion increases the company’s footprint in Michigan to over 2 million square feet and is part of FANUC America’s plan to advance industrial automation in North America. The West Campus represents a $110 million investment built on 67 acres of land.</p>
<p>The facility, built on 270,000 square meters, has warehouse space to hold more than 6,000 robots and features automated systems for moving the robots in and out of the building, according to FANUC America.</p>
<p>"Our ongoing upward trajectory allows us to better support our customers with cutting-edge robotic and automation solutions, helping to drive more efficiency across all industries,” <strong>FANUC America CEO Michael Cicco </strong>said at the unveiling ceremony.</p>
<p>The Japanese company said it would have invested $250 million in North America since 2019 once this and other projects in its pipeline are completed. Currently, FANUC America has created over 400 jobs in Michigan.</p>',
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'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
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<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>“K Health solves the need to make primary care visits highly personalized by giving doctors AI superpowers that enable them to practice at the top of their license. Our primary care platform offers a concierge medical experience with an assigned provider and 24/7 access to care,” explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>“When partnered with leading health systems, this model creates significant benefits to access, clinical outcomes, and patient experience. All you need to get care is your health insurance, a stark contrast to concierge medicine services that typically cost thousands of dollars,” Bloch added.</p>
<p>Meanwhile, <strong>Claure Group</strong> <strong>Founder and CEO Marcelo Claure </strong>said: As I invest in the AI landscape, I have found it incredibly difficult to discover companies making tangible, real-world progress with AI. K Health is the first company I've seen successfully using AI to impact millions of lives. They are addressing some of healthcare's greatest challenges by providing accessibility to faster, higher-quality, lower-cost care on a large scale."</p>',
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<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
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<p>Canada is one of the largest investors in Cambodia and has brought in around $1.1 billion in foreign direct investment as of 2021, Cambodian socio-economic analyst Chey Tech told The Phnom Penh Post in an interview.</p>',
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'description' => 'Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significant contributions to the global business landscape. Below are just three of the several remarkable individuals who have not only shaped their industries but have also become symbols of entrepreneurial success.',
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'content' => '<p>Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significant contributions to the global business landscape. Below are just three of the several remarkable individuals who have not only shaped their industries but have also become symbols of entrepreneurial success.</p>
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<p><strong><span style="font-family: helvetica; font-size: 18pt;">Muhammad Yunus, Founder of Grameen Bank</span><br /></strong></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Yunus.jpg" alt="" />
<figcaption class="image-caption">Photo source: Grameen Foundation</figcaption>
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<p>No discussion about successful entrepreneurs from Bangladesh is complete without mentioning <strong>Professor Muhammad Yunus</strong>, the Nobel Peace Prize laureate and the founder of <strong>Grameen Bank</strong>. Born in 1940 in the coastal city of Chittagong, Yunus has dedicated his life to alleviating poverty through innovative financial solutions.</p>
<p>Yunus pioneered the concept of microcredit, providing small loans to the impoverished, particularly women, to start their own businesses. His vision was to empower individuals with the means to escape the cycle of poverty. Grameen Bank, founded in 1983, has since disbursed billions of dollars in microloans and has become a global model for microfinance institutions.</p>
<p>Professor Yunus' impact extends beyond Bangladesh. His commitment to social entrepreneurship and poverty reduction has garnered international recognition. He received the Nobel Peace Prize in 2006, and his work continues to influence discussions on sustainable development and inclusive finance.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">Salman F Rahman, Vice Chairman and Co-founder of Beximco Group</span></strong></p>
<figure class="image-container"></figure>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Salman-F-Rahman.jpg" alt="" />
<figcaption class="image-caption"><em>Photo source: https://www.salmanfrahman.com/en/</em></figcaption>
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<p><strong>Salman F Rahman</strong>, a prominent industrialist and politician, has played a pivotal role in shaping Bangladesh's economic landscape. Born in 1951, Rahman has been instrumental in the growth of the <strong>Beximco Group</strong>, one of the largest conglomerates in the country with interests ranging from textiles to pharmaceuticals.</p>
<p>Rahman's business acumen has not only propelled Beximco Group to new heights but has also contributed significantly to the nation's economy. Under his leadership, the group has expanded its footprint globally, exporting products to over 150 countries. Moreover, his efforts in the pharmaceutical sector have positioned Beximco Pharmaceuticals as a major player in the international pharmaceutical arena.</p>
<p>In addition to his entrepreneurial endeavors, Rahman has been active in politics, serving as an advisor to the Prime Minister of Bangladesh. His contributions to both business and public service show the potential for entrepreneurs to impact various facets of society.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Raisul Kabir, Co-founder and CEO of Brain Station 23</strong></span></p>
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<figcaption class="image-caption"><em>Photo source: Brain Station 23</em></figcaption>
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<p>In the dynamic world of technology, <strong>Raisul Kabir</strong> stands out as a pioneering entrepreneur who has played a key role in advancing Bangladesh's tech industry. As the co-founder and CEO of <strong>Brain Station 23</strong>, a leading software development company, Kabir has been at the forefront of technological innovation in the country.</p>
<p>Established in 2006, Brain Station 23 has earned a reputation for delivering high-quality software solutions to clients worldwide. Kabir's leadership has been instrumental in the company's success, navigating the challenges of the tech industry and positioning it as a competitive player on the global stage.</p>
<p>Under Kabir's guidance, Brain Station 23 has diversified its portfolio to include cutting-edge technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT).</p>
<p>These three entrepreneurs — Yunus, Rahman, Kabir — represent the diversity and dynamism of Bangladesh's business landscape. From pioneering social change to leading industrial growth and driving technological innovation, they have become examples of the transformative power of entrepreneurship in shaping the future.</p>',
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'title' => 'Be a better leader through Leadership Iowa',
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'description' => 'Since the program's inception in 1982, Leadership Iowa has trained more than 1,000 business leaders and executives from across the state on how to bring about positive change in their respective workplaces and communities, thereby creating a better future for Iowa. ',
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'content' => '<p>Since the program’s inception in 1982, <strong>Leadership Iowa </strong>has trained more than 1,000 business leaders and executives from across the state on how to bring about positive change in their respective workplaces and communities, thereby creating a better future for Iowa. <br /><br />If that sounds like a program you’d like to participate in, you’re in luck as the <strong>Iowa Association of Business and Industry (IABI)</strong>, the organization behind Leadership Iowa, announced that nominations for its 2024-2025 program are now open and will remain so until April 1, 2024.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-4-GP-Iowa.jpg" alt="" /></p>
<p><br /><span style="font-family: helvetica; font-size: 18pt;"><strong>What is Leadership Iowa?</strong></span></p>
<p>Leadership Iowa is an eight-month leadership, community development, and issues-awareness program that provides participants with a wide range of eye-opening experiences and insights that highlight the opportunities and challenges facing Iowa. Each year, only 40 individuals are selected out of the hundreds of applications.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>What can participants expect from Leadership Iowa? </strong></span></p>
<p>According to IABI’s official website, throughout the program (October through June), participants convene in an Iowa community each month for a two-day session. Each session focuses on a specific topic or issue important to Iowa, allowing participants to step outside of their areas of expertise and gain a refreshed, insider’s perspective on the condition, needs and future of our state.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Who can participate? </strong></span></p>
<p>Individuals must first be nominated to apply for the Leadership Iowa program. But the good news is anyone is welcome to nominate an individual for the program by completing the nomination form online. Self-nominations are also encouraged.</p>
<p>For more information on the selection and application process, visit <strong><em><a href="http://www.iowaabi.org/leadership-iowa/contact-leadership-iowa/" target="_blank" rel="noopener">www.iowaabi.org/leadership-iowa/contact-leadership-iowa/</a>.</em></strong></p>',
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'description' => 'Led by Managing Director Mohammed Sohel, knitwear manufacturer and exporter Bangla Poshak, based in the city of Gazipur, made its mark in Bangladesh's competitive garment industry for its commitment to quality, transparency, and long-term partnerships.',
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'content' => '<p>Led by <strong>Managing Director Mohammed Sohel</strong>, knitwear manufacturer and exporter <strong>Bangla Poshak</strong>, based in the city of Gazipur, made its mark in Bangladesh’s competitive garment industry for its commitment to quality, transparency, and long-term partnerships.</p>
<p>According to the company's website, Bangla Poshak prides itself on its modern facilities and international certifications, including BSCI, SEDEX, ACCORD, ORGANIC, and OEKO-TEX. These certifications underscore the company's adherence to ethical and sustainable manufacturing practices, ensuring compliance with global standards.</p>
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<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-4-BANGLA-Poshak.jpg" alt="" /></p>
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<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Transparency at all times</strong></span></p>
<p>One of the key factors that contributed to Bangla Poshak's success was its focus on employing experienced and highly technical management teams. Sohel emphasizes the importance of executing production exactly as per customer requirements, believing in the significance of fostering long-term relationships.</p>
<p>“I show the desire to achieve quality and to be transparent,” he said.</p>
<p>This commitment to transparency and quality is instrumental in maintaining strong partnerships with clients, including Japanese partners.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Understanding client needs</strong></span></p>
<p>Sohel further stresses the company's dedication to quality control: “After several inspections, I understood their standards. In fact, we started with 10% excess fabrics and we're now down to just 3%.”</p>
<p>This attention to detail and continuous improvement in quality control have enabled Bangla Poshak to exceed customer expectations consistently.</p>
<p>With its focus on quality, transparency, and customer satisfaction, Bangla Poshak has solidified its position as a leading player in the knitwear manufacturing and exporting industry. Under the leadership of Sohel, the company remains committed to delivering exceptional products while nurturing enduring partnerships with clients worldwide.</p>
<p>“It’s about having the right kind of attitude. We simply need to be given the chance to show the world what we can do. Come see us, know us, and start your business with us. Teach us because we can overcome difficulties. We are able to achieve what you need,” Sohel said.</p>
<p><a href="https://www.banglaposhak.com/"><em><strong>https://www.banglaposhak.com</strong></em></a></p>',
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'title' => 'Biden to host Kishida for an official visit in April',
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'description' => 'The White House announced that U.S. President Joe Biden will host Japanese Prime Minister Kishida Fumio for an official visit to the United States on April 10.',
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'content' => '<p>The White House announced that <strong>U.S. President Joe Biden</strong> will host <strong>Japanese Prime Minister Kishida Fumio</strong> for an official visit to the United States on April 10.</p>
<p>In a statement from Press Secretary Karine Jean-Pierre released on January 25, Kishida’s visit will include a state dinner, which "will underscore the enduring strength” of the bilateral alliance.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK2-Biden-Kishida.jpg" alt="" /></p>
<p>The last time a sitting Japanese prime minister visited the U.S. was in 2015, when then President Barack Obama hosted a summit for former Japanese Prime Minister Abe Shinzo.</p>
<p>Jean-Pierre also said Biden and Kishida will discuss efforts to strengthen political, security, economic, and people-to-people ties between their two countries.</p>
<p>Meanwhile, White House National Security Council spokesperson John Kirby told local media that as Japan is one of the closest allies of the U.S. in the world, the alliance between the two countries was "very critical" in the Indo-Pacific region.</p>
<p>Kirby also expressed his confidence that the two leaders will likely have "a robust discussion" on how their respective countries will improve their mutual capabilities across the board and how the U.S. and Japan will work together across multiple sectors and tackle challenges to bring more stability and value into the Indo Pacific region.</p>',
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'description' => 'Huntington Area Development Council (HADCO) President and CEO David Lieving, together with the West Virginia Department of Economic Development, visited the 2024 Automotive World exhibition in Tokyo, Japan. ',
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'content' => '<p><strong>Huntington Area Development Council (HADCO) President and CEO David Lieving</strong>, together with <strong>the West Virginia Department of Economic Development</strong>, visited the 2024 Automotive World exhibition in Tokyo, Japan.</p>
<p>According to its official website, Automotive World it is the world's leading exhibition for advanced automotive technologies. Held from January 22-24, the exhibition saw over 1,600 exhibitors and 77,744 visitors from all over the world, including the top automotive manufacturers, designers, investors, and suppliers.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK2-HADCO.jpg" alt="" /></p>
<p>Despite the overflowing business development opportunities that come with the event, news organization the Herald-Dispatch reported that only one U.S. state was represented during the exhibition — West Virginia. <br /><br />“HADCO, in partnership with the West Virginia Department of Economic Development and the Polymer Alliance Zone, is out telling Huntington’s story about our available labor force and all the assets we have to support foreign direct investment,” said Lieving, who also highlighted the importance of attending the event and building relationships if West Virginia is attracting Japanese investment.</p>
<p>“Economic development is facing challenging times worldwide with COVID-19. I expect us to emerge from the pandemic with new opportunities. I believe we will see renewed interest in locating manufacturing, distribution, and warehousing in more strategic locations in our market area,” Lieving said in a LinkedIn post.</p>
<p>West Virginia has focused on attracting more Japanese investment for over 30 years. According to the Development Office website, Japanese investments in the state have amounted to $2.7 billion, with 21 Japanese companies employing more than 4,000 people.</p>
<p>Some Japanese businesses in the state include Toyota Motor Manufacturing in Buffalo, K.S. of West Virginia in Ravenswood; and Kuraray at the Washington Works site in Wood County.</p>
<p>For more information, visit <strong><em><a href="https://www.automotiveworld.jp/tokyo/en-gb/sokuho.html" target="_blank" rel="noopener">https://www.automotiveworld.jp/tokyo/en-gb/sokuho.html</a></em></strong></p>',
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'title' => 'Meet the 2024 JALD delegates ',
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'description' => 'Ten Japanese American leaders from across the U.S. are preparing to travel to Japan for the 2024 Japanese American Leadership Delegation (JALD) organized by the U.S.-Japan Council. ',
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'content' => '<p>Ten Japanese American leaders from across the U.S. are preparing to travel to Japan for the <strong>2024 Japanese American Leadership Delegation (JALD)</strong> organized by the <strong>U.S.-Japan Council</strong>.</p>
<p>Under the JALD program, the chosen Japanese American leaders will travel to Osaka and Tokyo from March 1 to 9, 2024 where they will meet with top business and government officials and participate in a symposium in Osaka co-sponsored by the<strong> Japan Foundation Center for Global Partnership</strong>.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK2-Trade-Delegation.jpg" alt="" /></p>
<p>In its 21st year, the trip provides an opportunity for Japanese American leaders to deepen their understanding of Japan and promotes the value of sustained people-to-people relationships as a critical factor in assuring the long-term success of U.S. and Japan relations.</p>
<p>The trip also allows Japanese leaders to gain a greater understanding of multicultural America through the experiences of a diverse group of Japanese Americans.</p>
<p><strong>Who are the 2024 JALD participants? </strong></p>
<p>Comprised of 10 leaders in business, academia, government, non-profit and legal sectors from across the United States, these 2024 delegates are leaders in their respective communities, engaged in U.S.-Japan relations.</p>
<p><strong>1. Naomi Ostwald Kawamura</strong> (Seattle, Washington) – Executive Director of Densho</p>
<p><strong>2. Yoh Kawanami</strong> (Honolulu, Hawaii) – Director, Hawaiian Electric Company</p>
<p><strong>3. Derek Kenmotsu</strong> (San Mateo, California) – Head of Partnerships, AI/ML and Indo-Pacific, Defense Innovation Unit</p>
<p><strong>4. Darin Mano (</strong>Salt Lake City, Utah) – City Council Member, Salt Lake City Council</p>
<p><strong>5. Susan Miyagi McCormac</strong> (New York, New York) – Founder & Editor-In-Chief, JapanCulture-NYC</p>
<p><strong>6. Tomoko Hosaka Mullaney</strong> (Washington, DC) – Executive Director, U.S.-Japan Business Council, U.S. Chamber of Commerce</p>
<p><strong>7. Anna Ninoyu</strong> (Chicago, Illinois) – Owner & Principal Architect, METIS Design</p>
<p><strong>8. Rob Ohno</strong> (Ponte Vedra Beach, Florida) – President and CEO, ANNIKA Foundation</p>
<p><strong>9. George Tanaka</strong> (Los Angeles, California) – Managing Director, U.S. Bank</p>
<p><strong>10. David Yoshimura</strong> (Des Moines, Iowa) – Partner, Faegre Drinker Biddle & Reath LLP</p>
<p>After their trip, the JALD delegates will collaborate with their local consulates, the U.S.-Japan Council, as well as local and national community organizations to continue strengthening ties between the U.S. and Japan.</p>
<p>For more information on the delegates, their biographies, and the JALD program, visit <strong><em><a href="https://www.usjapancouncil.org/japanese-american-leadership-delegation/" target="_blank" rel="noopener">https://www.usjapancouncil.org/japanese-american-leadership-delegation/</a>.</em></strong></p>',
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'title' => 'How a Bangladeshi startup is advancing facial recognition ',
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'description' => 'Sigmind.ai, which claims to be the first AI startup in Bangladesh, is leading the transformation of conventional surveillance systems into cutting-edge security solutions. Through its Central Intelligent Video Management Systems (CiVMS), the startup can turn CCTV cameras into AI-powered intelligent cameras that can identify, save, and reveal the full faces of people even if they are wearing face masks. ',
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'url' => 'how-a-bangladeshi-startup-is-advancing-facial-recognition',
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'content' => '<p><strong>Sigmind.ai</strong>, which claims to be the first AI startup in Bangladesh, is leading the transformation of conventional surveillance systems into cutting-edge security solutions. Through its <strong>Central Intelligent Video Management Systems (CiVMS)</strong>, the startup can turn CCTV cameras into AI-powered intelligent cameras that can identify, save, and reveal the full faces of people even if they are wearing face masks.</p>
<p> </p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-3-BANGLA-Sigmind.jpg" alt="" /></p>
<p> </p>
<p>In a conversation with the Dhaka Tribune, <strong>Managing Director Tanvir Tabassum</strong> shared, “Our system can recognize a mask-wearing face with 87.3% accuracy, while in the case of a person not wearing masks, we can detect and recognize people with 99.4% accuracy. Also, we can determine the sex and dress color of a person from black and white CCTV video footage.”</p>
<p>According to Tabassum, this level of precision aims to enhance security measures and minimize biases often associated with traditional surveillance methods.</p>
<p>By harnessing the power of deep learning, Sigmind.ai has effectively democratized access to advanced security solutions. Its ability to retrofit any standard camera with artificial intelligence capabilities signifies a paradigm shift in the surveillance industry. Now, organizations can leverage state-of-the-art security measures without costly infrastructure overhauls.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Adding new applications</strong></span></p>
<p>The applications of Sigmind.ai's technology are manifold, and transcend traditional notions of surveillance. Beyond security, its systems are useful in various domains, like retail analytics, vehicle recognition, crowd management and estimation, and public safety initiatives.</p>
<p>With its method of accuracy and adaptability, Sigmind.ai is set to revolutionize how societies approach security and surveillance.</p>
<p>Furthermore, Sigmind.ai's commitment to innovation extends beyond technological advancements. It prioritizes ethical considerations and ensures that its systems adhere to strict privacy standards and mitigate potential biases. This dedication to responsible AI deployment underscores its commitment to not only revolutionizing security but also fostering trust and transparency in the digital age.</p>
<p>Moreover,<strong> Chief Sales and Marketing Officer Arif Hossain</strong> told New Age Bangladesh that the company’s watch cam will play a vital role in ensuring security in both government and private sectors. The news site also reported that agencies such as the Bangladesh Hi-Tech Park Authority are already using the software.</p>',
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'id' => '545620',
'title' => 'Is AI more trouble than it's worth?',
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'description' => 'There is an ongoing debate as to the usefulness of Artificial Intelligence (AI) in the workplace. AI is expected to deliver more productivity in industries. But is it really that helpful? Do the costs of re-training people and re-integrating new tools in existing systems bring more inconvenience? ',
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'content' => '<p>There is an ongoing debate as to the usefulness of Artificial Intelligence (AI) in the workplace. AI is expected to deliver more productivity in industries. But is it really that helpful? Do the costs of re-training people and re-integrating new tools in existing systems bring more inconvenience?</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-3-GP-AI.jpg" alt="" /></p>
<p>The benefits of AI can’t be denied, so much so that 77% of businesses are already using or exploring how AI can be used to streamline and improve their work systems, according to the latest Forbes Advisor survey.</p>
<p>Innovative tech saves on costs and increases productivity. This remains true for AI-assisted processes and outcomes. Automation allows repetitive tasks to be completed faster and more accurately. Work that requires small and big data to be analyzed can also benefit from AI.</p>
<p>Machine learning allows software to detect patterns and forecast results based on given variables. Today, front liners, managers, and executives have quicker access to customized analysis instead of having to manually filter the information themselves.</p>
<p>Despite these advantages, some workers feel like AI-generated solutions are unhelpful. In an article by Catherine Thorbecke published in CNN Business, she highlighted conflicting views on the contribution of AI in the workplace, citing claims that workload has doubled because of “consistently bad” AI submissions.</p>
<p>Clearly, there have been adjustments in how people work because of AI. Based on the appetite of the workforce to take on new tools and technology, the periods of transition in the workplace will vary. Ultimately, the main factor in the usefulness of AI is how precise and correct data input is. After all, not all machines are created equal.</p>',
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'id' => '545621',
'title' => 'Can AI replace you? An Illinois professor created his digital avatar for his online classes ',
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'description' => 'What if you could create a realistic-looking digital version of yourself that can clearly explain complex systems and confidently deliver lectures or keynote speeches? Prof. Robert Brunner, an expert in emerging technologies at the Gies College of Business at the University of Illinois, employed artificial intelligence (AI) tools to achieve just that. ',
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'content' => '<p>What if you could create a realistic-looking digital version of yourself that can clearly explain complex systems and confidently deliver lectures or keynote speeches?</p>
<p><strong>Prof. Robert Brunner</strong>, an expert in emerging technologies at the <strong>Gies College of Business at the University of Illinois, </strong>employed artificial intelligence (AI) tools to achieve just that. In fact, Brunner’s AI clone is ready to deliver another lecture in March 2024 in front of MBA students.</p>
<p> </p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-3-GL-Illinois.jpg" alt="" /></p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>A digital avatar is simply a culmination of AI tools</strong></span></p>
<p>Brunner was able to create a virtual version of himself that looks and sounds just like him. He used ChatGPT to generate scripts for his lectures, Sythesia to make videos without any special tools, ElevenLabs to produce a voice that sounded like his, and Midjourney to generate images that supplemented his lessons.</p>
<p>According to Brunner, this helps him teach online without spending too much time recording videos. The result? Astonishing authenticity. Even teachers and students who have known Brunner for years struggled to discern between him and his digital doppelganger.</p>
<p>“Most people who watch videos of his virtual avatar think the avatar is really him,” said <strong>Tawnya Means</strong>, assistant dean for educational innovation and chief learning officer at Gies, in an interview with the school’s news site, Poets and Quants.</p>
<p>Mastering generative AI prompts is the key to a successful digital avatar. Brunner found that once he became good at giving precise prompts to these tools, he was then able to generate a flawless five-minute lecture presented by his digital avatar in just five to 10 minutes. Also, his AI version boasts multilingual capabilities, even though Brunner knows only English.</p>
<p>“It took only a couple of minutes for it to have me speaking Spanish. My virtual clone can also deliver lectures in French and Mandarin,” he told Poets and Quants.</p>
<p> </p>
<p><span style="font-size: 18pt;"><strong><span style="font-family: helvetica;">The entire process takes only minutes</span> </strong></span></p>
<p>Brunner initially planned to record his video in person but soon realized the challenge of figuring out what to say. He then turned to ChatGPT for help in creating scripts, gradually refining the prompts until the AI tool was able to write scripts in his tone of voice,</p>
<p>“The draft script was created by ChatGPT. I thought what if I build a relationship with ChatGPT so it knows me and the course? It took a while but eventually, it started stitching transcripts together. It was getting better and better,” said Brunner.</p>
<p>When he realized that recording and editing all the videos by himself could take a lot of time, Brunner experimented with AI tools that could clone his voice and put the generated voice in Synthesia. The entire process, from script to video, took just 10 minutes.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>The ethics of using AI</strong></span></p>
<p>Although his digital avatar was nearly indistinguishable from him, Burner ensures transparency and never intends it to deceive his students. Burner’s course explicitly states that at times, it will be the digital avatar presenting in front of the students.</p>
<p>“I am the culmination of artificial intelligence, a fusion of innovation and disruption in themselves. The words you hear, the script that flows, and even this very image are the handiwork of various AI tools,” the digital avatar says at the start of its lectures.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>AI will not replace you. But someone who uses it better than you might</strong></span></p>
<p>Brunner’s message to those who are scared of AI is clear. “It’s here and it's only going to get better. You might not be replaced by AI but the time will come when you will be replaced by someone who knows how to use AI better than you. If you start falling behind, you will fall further and further behind,” he said.</p>',
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'title' => 'AWS to invest $15 billion to expand cloud in Japan',
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'description' => 'Amazon Web Services (AWS) plans to invest $15 billion in its existing cloud infrastructure in Japan by 2027 to meet growing customer demand. The world's largest cloud service provider, which entered the Japanese market in 2009, currently has cloud infrastructure in Tokyo and Osaka. ',
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'url' => 'aws-to-invest-15-billion-to-expand-cloud-in-japan',
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'content' => '<p><strong>Amazon Web Services (AWS)</strong> plans to invest $15 billion in its existing cloud infrastructure in Japan by 2027 to meet growing customer demand. The world’s largest cloud service provider, which entered the Japanese market in 2009, currently has cloud infrastructure in Tokyo and Osaka.</p>
<p>Between 2011 and 2022, AWS invested $10.2 billion in building, connecting, operating and maintaining its data centers in Japan. This latest investment brings AWS's total cloud investment planned in the country to about $25 billion by 2027.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GL-WK1-AWS.jpg" alt="" /></p>
<p>As of January 2024, there are about 150 AWS Academy member institutions in Japan and around 150,000 Japanese sellers on Amazon. In fiscal year 2023, the sales revenue of online retailer Amazon Japan amounted to around 3.2 trillion Japanese yen or $21.6 billion.</p>
<p>"Our investments in cloud infrastructure are creating a domino effect across industries in Japan, including the public and government sectors," said <strong>AWS </strong><strong>Japan President Tadao Nagasaki</strong>. “This will enable more Japanese organizations to access and deploy emerging and innovative digital technologies, such as artificial intelligence and machine learning,” he added.</p>
<p>In October 2023, AWS launched its flagship generative AI service, <strong>Amazon Bedrock,</strong> in the Greater Tokyo Area. The company cites leading Japanese conglomerates like the Asahi Group, FP Corporation, KDDI, and Ricoh as some of the early adopters of AWS’ generative AI technology.</p>
<p>In a separate press release that welcomed AWS’ added investment into Japan, then Digital Minister and current Director of the Digital Society Promotion Council <strong>Takuya Hirai</strong> said, “Developing Japan's digital infrastructure is the key to strengthening Japan's industrial competitiveness, and data centers play an important role in this.”</p>
<p>The former minister also emphasized the role of emerging technologies in boosting Japan’s research and development capabilities.</p>',
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'title' => 'Why are Japanese investors choosing Ohio?',
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'description' => 'Japan is Ohio's largest foreign investor in terms of jobs created. According to a 2023 report by JobsOhio, the state's private economic development corporation, around 73,000 Ohio residents are employed by 860 Japanese companies. ',
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'url' => 'why-are-japanese-investors-choosing-ohio',
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'content' => '<p>Japan is Ohio’s largest foreign investor in terms of jobs created. According to a 2023 report by <strong>JobsOhio</strong>, the state’s private economic development corporation, around 73,000 Ohio residents are employed by 860 Japanese companies.</p>
<p>The same report shows that since 2013, Ohio has won more than 100 successful projects from Japanese-owned companies. But what makes <em>the Buckeye State </em>such a popular choice among Japanese investors? JobsOhio lists three reasons.</p>
<p> </p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-GP-WK1-Ohio.jpg" alt="" /></p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Thriving economy and business climate</strong></span></p>
<p> </p>
<p>With a Gross State Product (GSP) of $676 billion and budget reserves of over $2.7 billion, Ohio offers Japanese investors long-term economic stability to help grow their businesses. The state’s reputation as a major domestic and international business hub is attributed to Ohio’s dynamic economy,</p>
<p>Aside from the over 800 Japanese companies headquartered in Ohio, the state is also home to 24 Fortune 500 headquarters and 54 Fortune 1000 headquarters.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Favorable tax regime</strong></span><br /><br />Ohio offers competitive tax incentives and deductions. These incentives make the state a magnet for both local entrepreneurs and foreign investors. Aside from having the lowest tax rate on new manufacturing in the region, Ohio offers the following pro-business state tax incentives:</p>
<ul style="list-style-type: disc;">
<li>No tangible personal property tax</li>
<li>No corporate profits or income tax</li>
<li>No inventory tax</li>
<li>No tax on products sold outside of Ohio</li>
<li>No tax on machinery and equipment investments</li>
<li>No tax on R&D investments</li>
</ul>
<p>These incentives not only provide immediate financial benefits through deductions but also contribute to long-term wealth-building and investment portfolio diversification.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Abundant & skilled workforce</strong></span></p>
<p> </p>
<p>The state has a labor force of over 5.5 million, one of the largest in the country. Ohio also sees more than 171,700 students graduate from its more than 200 higher education institutions annually. These local educational institutions and universities contribute to the state’s thriving mix of scientific, technological, and entrepreneurial innovation.</p>
<p>Through the years, Japanese businesses have consistently thrived in Ohio due to the state’s strong business climate, diverse set of industries, attractive tax incentives, and skilled and massive workforce.</p>
<p>To learn more about international investment opportunities in the state of Ohio, visit <strong><em><a href="https://www.jobsohio.com" target="_blank" rel="noopener">https://www.jobsohio.com</a></em></strong></p>',
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'title' => 'Tokyo Gas Natural Resources to buy Texas-based natural gas producer Rockcliff Energy',
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'description' => 'Tokyo Gas Natural Resources (TGNR) announced plans last December to buy Texas-based natural gas producer Rockcliff Energy from private equity firm Quantum Energy Partners for $2.7 billion as part of its efforts to expand its overseas business.',
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'content' => '<p><strong>Tokyo Gas Natural Resources (TGNR)</strong> announced plans last December to buy Texas-based natural gas producer <strong>Rockcliff Energy</strong> from private equity firm <strong>Quantum Energy Partners</strong> for $2.7 billion as part of its efforts to expand its overseas business.</p>
<p>The deal is part of the Japanese company's efforts to expand its North American shale gas operations to meet the growing demand for natural gas as an energy-transition fuel. According to Industry Research Co., the global shale gas market size was valued at $ 46.4 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.71% to $72.5 billion by 2028.</p>
<p><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-US-Jap-BANG-WK1-Tokyo-Gas.jpg" alt="" /></p>
<p>Under the deal, TGNR will buy all shares in Rockcliff Energy from Quantum Energy Partners. With the acquisition, TGNR's natural gas production will quadruple to 1.3 billion cubic feet per day, making it one of the largest shale gas producers in Texas and Louisiana, according to Tokyo Gas.</p>
<p>"We expect our gas production will be more efficient after the acquisition as Rockcliff Energy's output area is located adjacent to TGNR's blocks," said <strong>Takashi Nakao, Tokyo Gas Senior General Manager of Global Business Development</strong>.</p>
<p>The production is also close to new liquefied natural gas (LNG) export terminals and other facilities expected to increase demand for natural gas in the future, Nakao added.</p>
<p>Asked if the supply will be exported to Japan as LNG, Nakao said the current plan is to sell all the gas in the U.S. domestic market, though he did not rule out possibly sending it as LNG to Japan in the future.</p>',
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'title' => 'Entrepreneurs of Bangladesh: 3 business leaders you should know',
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'description' => 'Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significant contributions to the global business landscape. Below are just three of the several remarkable individuals who have not only shaped their industries but have also become symbols of entrepreneurial success.',
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'content' => '<p>Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significant contributions to the global business landscape. Below are just three of the several remarkable individuals who have not only shaped their industries but have also become symbols of entrepreneurial success.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">Muhammad Yunus, Founder of Grameen Bank</span><br /></strong></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Yunus.jpg" alt="" />
<figcaption class="image-caption">Photo source: Grameen Foundation</figcaption>
</figure>
<p>No discussion about successful entrepreneurs from Bangladesh is complete without mentioning <strong>Professor Muhammad Yunus</strong>, the Nobel Peace Prize laureate and the founder of <strong>Grameen Bank</strong>. Born in 1940 in the coastal city of Chittagong, Yunus has dedicated his life to alleviating poverty through innovative financial solutions.</p>
<p>Yunus pioneered the concept of microcredit, providing small loans to the impoverished, particularly women, to start their own businesses. His vision was to empower individuals with the means to escape the cycle of poverty. Grameen Bank, founded in 1983, has since disbursed billions of dollars in microloans and has become a global model for microfinance institutions.</p>
<p>Professor Yunus' impact extends beyond Bangladesh. His commitment to social entrepreneurship and poverty reduction has garnered international recognition. He received the Nobel Peace Prize in 2006, and his work continues to influence discussions on sustainable development and inclusive finance.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">Salman F Rahman, Vice Chairman and Co-founder of Beximco Group</span></strong></p>
<figure class="image-container"></figure>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Salman-F-Rahman.jpg" alt="" />
<figcaption class="image-caption"><em>Photo source: https://www.salmanfrahman.com/en/</em></figcaption>
</figure>
<p><strong>Salman F Rahman</strong>, a prominent industrialist and politician, has played a pivotal role in shaping Bangladesh's economic landscape. Born in 1951, Rahman has been instrumental in the growth of the <strong>Beximco Group</strong>, one of the largest conglomerates in the country with interests ranging from textiles to pharmaceuticals.</p>
<p>Rahman's business acumen has not only propelled Beximco Group to new heights but has also contributed significantly to the nation's economy. Under his leadership, the group has expanded its footprint globally, exporting products to over 150 countries. Moreover, his efforts in the pharmaceutical sector have positioned Beximco Pharmaceuticals as a major player in the international pharmaceutical arena.</p>
<p>In addition to his entrepreneurial endeavors, Rahman has been active in politics, serving as an advisor to the Prime Minister of Bangladesh. His contributions to both business and public service show the potential for entrepreneurs to impact various facets of society.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Raisul Kabir, Co-founder and CEO of Brain Station 23</strong></span></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Raisul-Kabir.jpg" alt="" />
<figcaption class="image-caption"><em>Photo source: Brain Station 23</em></figcaption>
</figure>
<p>In the dynamic world of technology, <strong>Raisul Kabir</strong> stands out as a pioneering entrepreneur who has played a key role in advancing Bangladesh's tech industry. As the co-founder and CEO of <strong>Brain Station 23</strong>, a leading software development company, Kabir has been at the forefront of technological innovation in the country.</p>
<p>Established in 2006, Brain Station 23 has earned a reputation for delivering high-quality software solutions to clients worldwide. Kabir's leadership has been instrumental in the company's success, navigating the challenges of the tech industry and positioning it as a competitive player on the global stage.</p>
<p>Under Kabir's guidance, Brain Station 23 has diversified its portfolio to include cutting-edge technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT).</p>
<p>These three entrepreneurs — Yunus, Rahman, Kabir — represent the diversity and dynamism of Bangladesh's business landscape. From pioneering social change to leading industrial growth and driving technological innovation, they have become examples of the transformative power of entrepreneurship in shaping the future.</p>',
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'description' => 'Tenstorrent CEO Jim Keller, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant's global market dominance.',
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'content' => '<p><strong>Tenstorrent CEO Jim Keller</strong>, who worked for Intel, AMD and Tesla, said in an interview with Nikkei Asia that he wants to lower the price of AI applications by designing chips that are more efficient than Nvidia's and, in the process, end the American giant’s global market dominance.</p>
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<figcaption class="image-caption">Tenstorrent CEO Jim Keller (Photo source: Tenstorrent)</figcaption>
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<p>Headquartered in Toronto, Tenstorrent has offices in Austin, Texas and Santa Clara, California, as well as in Belgrade, Tokyo, Bangalore, and Seoul. The company claims to be developing AI processors that perform as efficiently as Nvidia's AI GPUs but at a lower cost.</p>
<p>At present, Nvidia is the global market leader when it comes to AI chips. Its AI accelerators command between 70% and 95% of the global market share, according to CNBC.</p>
<p>Keller also said in the interview that Tenstorrent hopes to sell its second-generation multipurpose AI chip by the end of this year.</p>
<p>According to Keller, Tenstorrent can achieve its objective because it does not use high-bandwidth memory (HBM), a popular type of advanced memory chip capable of transferring large amounts of data quickly. HBM is a vital component for generative AI chips and has played a significant role in the success of Nvidia's offerings.</p>
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<p>By doing away with HBM, Tenstorrent will design a chip that can replace both GPUs and HBMs in some areas of AI development, adding that its new product will be "as cost-effective as possible".</p>',
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'content' => '<p>Tokyo-based trading giant <strong>ITOCHU</strong> secured a contract to develop and test AI systems that will help run the transportation network and energy infrastructure of a future smart city project in southern Taiwan, according to a company press release.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-13-ITOCHU-Taiwan.jpg" alt="" />
<figcaption class="image-caption">ITOCHU plans to roll out AI-powered buses for Taiwan's new smart city project in Tainan. (Photo source: Nikkei Asia)</figcaption>
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<p>ITOCHU outbid other parties interested in the Integrated Development Project for Shalun Smart Green Energy Science City located in Tainan. The early-stage contract, according to Nikkei Asia, is worth around $332,000 (10.8 million New Taiwan dollars).</p>
<p>According to ITOCHU, the goal is to test its AI systems on a trial basis by the end of October. This is the first time the trading house has officially participated in an overseas smart city project.</p>
<p>The Taiwanese government also announced plans to earmark an additional $306.9 million (or 10 billion NTD) to develop the country’s artificial intelligence (AI) industry. In line with this goal, ITOCHU will collaborate with various Taiwanese partners, including IT company Accton Technology and National Cheng Kung University.</p>
<p>Home to the world's largest semiconductor maker, Taiwan Semiconductor Manufacturing Company (TSMC), Taiwan has a global market share of 61.7%. CNN estimates that TSMC produces 90% of the world's super-advanced semiconductor chips, which are used to power everything from smartphones to artificial intelligence applications.</p>',
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<figcaption class="image-caption">Melexis' new 70 million-euro facility in Kuching is a nod to the local architectural design. (Photo source: Melexis)</figcaption>
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<p>Wafer testing is part of the manufacturing process wherein all individual integrated circuits are checked for functional defects through special test patterns.</p>
<p>According to Melexis, its expansion in Malaysia is a strategic move to streamline logistics and reduce its ecological footprint. Additionally, it selected Kuching because of its diverse, multilingual, entrepreneurial and highly skilled workforce.</p>
<p><strong>Melexis CEO Marc Biron </strong>said, “With an investment of 70 million euros, this opening underscores the ambition of Melexis and will ensure future growth. With Melexis, we are at the forefront of innovation, and this opening will support us in the markets that we serve.”</p>
<p>The new four-storey building, a collaboration of award-winning Belgian architect Sebastian Mortelmans and local architectural firm DNA, covers a ground surface of 4,500 sq. m., making it the company’s largest wafer testing site worldwide. The modern design evokes local longhouse architecture, incorporates advanced energy-saving systems, like a solar installation that can generate 30.000 kWh per month, and minimizes its environmental impact.</p>
<p>“Melexis has made the right choice to invest in Sarawak. With political stability, Sarawak is business-friendly and welcomes investments that can create mutual benefits. The Sarawak government has always been very supportive of investors both foreign and domestic. It is among the most preferred destinations for investment in Malaysia,” <strong>Sarawak’s Ministry of International Trade, Industry and Investment </strong>said in a statement<strong>.</strong></p>
<p>“Sarawak possesses many comparative advantages for businesses to grow and prosper such as strategic location, availability of green energy, talented workforce, and suitable land for industrial activities,” the statement also said.</p>',
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'content' => '<p>Japanese trading giant <strong>ITOCHU</strong> announced this month it had invested in <strong>ZeroAvia</strong>, a British-American maker of hydrogen-electric engines for aircraft, according to a company statement.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Itochu-ZeroAvia.jpg" alt="" />
<figcaption class="image-caption">An aircraft powered by ZeroAvia's hydrogen-electric engines (Photo source: ZeroAvia)</figcaption>
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<p>Founded in 2018, ZeroAvia describes itself as “a team of passionate innovators dedicated to bringing safe, zero-emission flight to aviation.” The company claims its hydrogen-electric propulsion systems are “the most environmentally friendly and economically attractive solution to aviation’s growing climate change impact.”</p>
<p>According to ZeroAvia, its hydrogen-electric engines cut more than 90% of harmful emissions, lower operating costs by more than 40%, improve air quality and reduce noise pollution in airport communities.</p>
<p>Under the deal, ITOCHU will serve as ZeroAvia's distributor in Asia, marking its first investment in a developer of hydrogen engines for aircraft and a further expansion into the aviation industry. ITOCHU is part of Japan Aerospace, which is involved in aircraft sales, and of JAMCO, which manufactures materials for aircraft interiors.</p>
<p>According to ITOCHU, this recent investment is part of the company’s long-term goal of helping save the planet by decarbonizing the aviation industry.</p>',
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'content' => '<p>For the third time in the last five years,<strong> Virginia</strong> was ranked America’s Top State for Business in 2024 by CNBC, which cited the state for having the best public schools in the country. It grabbed the top spot in 2007, 2009, 2011, 2019, and 2021.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-Virginia.jpg" alt="" />
<figcaption class="image-caption">Fairfax County Economic Development Authority President and CEO Victor Hoskins (Photo source: Fairfax County Economic Development Authority)</figcaption>
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<p>“Congratulations to Virginia on being named America’s Top State for Business in 2024 by CNBC, a record six times achieving that designation. I know that Virginia succeeds because of our shared belief that collaboration and innovation yield great results for our businesses and their employees,” said <strong>Fairfax County Economic Development Authority President and CEO Victor Hoskins</strong>.</p>
<p>Virginia ranks in the top half or better in each of the study’s 10 categories this year, “a rare feat,” noted CNBC. The state landed in the top 10 in four additional categories: infrastructure (3rd), business friendliness (5th), access to capital (8th) and workforce (9th).</p>
<p>For the first time, CNBC counted infrastructure (including the availability of shovel-ready sites) as the most important component for businesses when deciding on investment and cited the Virginia Business Ready Sites Program, as well as its world-class port, rail, roadway, and air transportation ecosystem as major contributors to the recognition.</p>
<p>CNBC’s annual ranking measures all 50 states on 128 different metrics in 10 key categories of competitiveness. North Carolina ranked second on the list, followed by Texas, Georgia and Florida.</p>
<p>Regarding Virginia’s economic relations with Japan, over $32.5 billion in capital investment has been made by Japanese companies in the last 5 years, according to the Virginia Economic Development Partnership, which also reports that Japanese companies employ more than 15,2000 people in the state.</p>',
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<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-US-Jap-WK-13-FANUC.jpg" alt="" />
<figcaption class="image-caption">Michigan Gov. Gretchen Whitmer (center) with senior officers of FANUC America at its West Campus. (Photo source: FANUC America)</figcaption>
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<p>The new 650,000-square-foot facility was inaugurated on July 10 and is located in FANUC America’s West Campus in Auburn Hills, Michigan. The expansion increases the company’s footprint in Michigan to over 2 million square feet and is part of FANUC America’s plan to advance industrial automation in North America. The West Campus represents a $110 million investment built on 67 acres of land.</p>
<p>The facility, built on 270,000 square meters, has warehouse space to hold more than 6,000 robots and features automated systems for moving the robots in and out of the building, according to FANUC America.</p>
<p>"Our ongoing upward trajectory allows us to better support our customers with cutting-edge robotic and automation solutions, helping to drive more efficiency across all industries,” <strong>FANUC America CEO Michael Cicco </strong>said at the unveiling ceremony.</p>
<p>The Japanese company said it would have invested $250 million in North America since 2019 once this and other projects in its pipeline are completed. Currently, FANUC America has created over 400 jobs in Michigan.</p>',
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'description' => 'K Health, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.',
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'content' => '<p><strong>K Health</strong>, a leading AI-driven primary care company that provides 24/7 virtual primary care solutions through its mobile app, announced this month that it had raised $50 million in funding led by Claure Group with participation from investors, including Pablo Legorreta (founder and CEO of Royalty Pharma) and Mangrove Capital Partners, Valor Equity Partners, and Atreides Management.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-NYNJ-K-Health-Alan-Bloch.jpg" alt="" />
<figcaption class="image-caption">K Health founder and CEO Allon Bloch (Photo source: K Health)</figcaption>
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<p>K Health said in the same statement that it had been developing its own AI technology for more than seven years. Today, it can provide 24/7 virtual primary care solutions to millions of people in the United States.</p>
<p>The K Health platform includes clinical-grade medical chat and AI predictive models based on large datasets to help physicians optimize diagnosis and treatment and focus on patient care.</p>
<p>Instead of doctors taking patients through lengthy procedures and manually piecing together their medical history from electronic medical records, K Health allows healthcare providers to engage more quickly and closely with patients by giving them a complete medical chart with patient insights straight from the app.</p>
<p>According to K Health, this new model of care delivery achieves dramatically higher quality of care at lower costs compared to traditional primary care.</p>
<p>“K Health solves the need to make primary care visits highly personalized by giving doctors AI superpowers that enable them to practice at the top of their license. Our primary care platform offers a concierge medical experience with an assigned provider and 24/7 access to care,” explained<strong> K Health founder and CEO Allon Bloch.</strong></p>
<p>“When partnered with leading health systems, this model creates significant benefits to access, clinical outcomes, and patient experience. All you need to get care is your health insurance, a stark contrast to concierge medicine services that typically cost thousands of dollars,” Bloch added.</p>
<p>Meanwhile, <strong>Claure Group</strong> <strong>Founder and CEO Marcelo Claure </strong>said: As I invest in the AI landscape, I have found it incredibly difficult to discover companies making tangible, real-world progress with AI. K Health is the first company I've seen successfully using AI to impact millions of lives. They are addressing some of healthcare's greatest challenges by providing accessibility to faster, higher-quality, lower-cost care on a large scale."</p>',
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'description' => 'Ontario-based multinational Lee Li Holdings (LLH) CEO Lee Q. Shim told Cambodian Prime Minister Hun Manet in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.',
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'content' => '<p>Ontario-based multinational <strong>Lee Li Holdings (LLH)</strong> <strong>CEO Lee Q. Shim</strong> told <strong>Cambodian Prime Minister Hun Manet </strong>in a meeting at the capital Phnom Penh this month that his company was looking at investment opportunities in the country, including its automotive healthcare, gas and oil, food processing and logistics, automobiles, and exports accreditation sectors.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-CAMB-Li-Lee-Holdings.jpg" alt="" />
<figcaption class="image-caption">Cambodia Prime Minister Hun Manet (right) met with Lee Li Holdings President and CEO Lee Q. Shim (Ieft) in Phnom Penh this month. (Photo source: Office of the Prime Minister)</figcaption>
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<p>During the meeting, Manet pointed out that the <strong>Cambodia Chamber of Commerce</strong> had two representative offices in Canada (Toronto and Montreal) that promote bilateral trade and assist exporters and importers in their two countries.</p>
<p>“Shim’s visit will further contribute to the promotion of trade relations between Cambodia and Canada,” Manet said.<br /><br />The prime minister also encouraged Shim to pursue discussions with relevant ministries and agencies, such as the Ministry of Health, the Ministry of Mines and Energy, and Ministry of Commerce, adding that his government has supported the private sector by encouraging international investment in the country.</p>
<p>Canada is one of the largest investors in Cambodia and has brought in around $1.1 billion in foreign direct investment as of 2021, Cambodian socio-economic analyst Chey Tech told The Phnom Penh Post in an interview.</p>',
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'description' => 'National University Hospital (NUH), the main teaching hospital of the country's top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.',
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'content' => '<p><strong>National University Hospital (NUH)</strong>, the main teaching hospital of the country’s top-ranking National University of Singapore, announced this month the opening of a center focused on providing trauma care to vulnerable groups, particularly children, older adults, and migrant workers.</p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R2/2024-R2-ITL-WK-12-SG-NU-Hospital.jpg" alt="" />
<figcaption class="image-caption">Key representatives of NUH during the launch of the National University Centre for Trauma (Photo source: Singapore's National University Hospital)</figcaption>
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<p>According to the NUH, the center will use a code system to reduce the time between admission to the emergency department and the transfer to an operating theatre. Code Trauma involves the mobilization of all essential staff, including emergency physicians, nurses, surgeons, and anesthesiologists, to accelerate decision-making and response for patients with polytrauma or multiple injuries.</p>
<p>“The National University Centre for Trauma represents decades of efforts in refining our trauma care expertise for our injured patients to return to their lives and achieve their dreams. It also aims to prevent trauma from occurring in the first place with data-driven injury prevention efforts,” said <strong>National University Centre for Trauma Director Raj Menon.</strong></p>
<p>In line with this, the hospital has rolled out a multi-disciplinary clinic that provides services for recovering trauma patients and conducts meetings to enhance care, rehabilitation, and psychosocial recovery pathways.</p>
<p>Today, NUH has over 1,200 beds and serves more than 1 million patients a year with over 50 medical, surgical, and dental specialties. NUH is the only public and not-for-profit hospital in Singapore that provides care for adults, women and children under one roof, including the country’s only pediatric kidney and liver transplant program.</p>',
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'description' => 'Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significant contributions to the global business landscape. Below are just three of the several remarkable individuals who have not only shaped their industries but have also become symbols of entrepreneurial success.',
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'content' => '<p>Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significant contributions to the global business landscape. Below are just three of the several remarkable individuals who have not only shaped their industries but have also become symbols of entrepreneurial success.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">Muhammad Yunus, Founder of Grameen Bank</span><br /></strong></p>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Yunus.jpg" alt="" />
<figcaption class="image-caption">Photo source: Grameen Foundation</figcaption>
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<p>No discussion about successful entrepreneurs from Bangladesh is complete without mentioning <strong>Professor Muhammad Yunus</strong>, the Nobel Peace Prize laureate and the founder of <strong>Grameen Bank</strong>. Born in 1940 in the coastal city of Chittagong, Yunus has dedicated his life to alleviating poverty through innovative financial solutions.</p>
<p>Yunus pioneered the concept of microcredit, providing small loans to the impoverished, particularly women, to start their own businesses. His vision was to empower individuals with the means to escape the cycle of poverty. Grameen Bank, founded in 1983, has since disbursed billions of dollars in microloans and has become a global model for microfinance institutions.</p>
<p>Professor Yunus' impact extends beyond Bangladesh. His commitment to social entrepreneurship and poverty reduction has garnered international recognition. He received the Nobel Peace Prize in 2006, and his work continues to influence discussions on sustainable development and inclusive finance.</p>
<p> </p>
<p><strong><span style="font-family: helvetica; font-size: 18pt;">Salman F Rahman, Vice Chairman and Co-founder of Beximco Group</span></strong></p>
<figure class="image-container"></figure>
<figure class="image-container floated-right" style="float: right;"><img src="https://www.gmipost.com/img/uploads/Z-Newsletters/2024-R1/2024-R1-ITL-WK-2-BANGLA-Entrepreneurs-Salman-F-Rahman.jpg" alt="" />
<figcaption class="image-caption"><em>Photo source: https://www.salmanfrahman.com/en/</em></figcaption>
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<p><strong>Salman F Rahman</strong>, a prominent industrialist and politician, has played a pivotal role in shaping Bangladesh's economic landscape. Born in 1951, Rahman has been instrumental in the growth of the <strong>Beximco Group</strong>, one of the largest conglomerates in the country with interests ranging from textiles to pharmaceuticals.</p>
<p>Rahman's business acumen has not only propelled Beximco Group to new heights but has also contributed significantly to the nation's economy. Under his leadership, the group has expanded its footprint globally, exporting products to over 150 countries. Moreover, his efforts in the pharmaceutical sector have positioned Beximco Pharmaceuticals as a major player in the international pharmaceutical arena.</p>
<p>In addition to his entrepreneurial endeavors, Rahman has been active in politics, serving as an advisor to the Prime Minister of Bangladesh. His contributions to both business and public service show the potential for entrepreneurs to impact various facets of society.</p>
<p> </p>
<p><span style="font-family: helvetica; font-size: 18pt;"><strong>Raisul Kabir, Co-founder and CEO of Brain Station 23</strong></span></p>
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<figcaption class="image-caption"><em>Photo source: Brain Station 23</em></figcaption>
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<p>In the dynamic world of technology, <strong>Raisul Kabir</strong> stands out as a pioneering entrepreneur who has played a key role in advancing Bangladesh's tech industry. As the co-founder and CEO of <strong>Brain Station 23</strong>, a leading software development company, Kabir has been at the forefront of technological innovation in the country.</p>
<p>Established in 2006, Brain Station 23 has earned a reputation for delivering high-quality software solutions to clients worldwide. Kabir's leadership has been instrumental in the company's success, navigating the challenges of the tech industry and positioning it as a competitive player on the global stage.</p>
<p>Under Kabir's guidance, Brain Station 23 has diversified its portfolio to include cutting-edge technologies such as artificial intelligence, blockchain, and the Internet of Things (IoT).</p>
<p>These three entrepreneurs — Yunus, Rahman, Kabir — represent the diversity and dynamism of Bangladesh's business landscape. From pioneering social change to leading industrial growth and driving technological innovation, they have become examples of the transformative power of entrepreneurship in shaping the future.</p>',
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View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 963
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 108
Entrepreneurs of Bangladesh: 3 business leaders you should know
Bangladesh, a country known for its vibrant culture and resilient spirit, has produced a cadre of successful entrepreneurs who have made significan...
